Gareth is correct. Regardless of the nominee company or multiple nominee companies used the actual owner still has to notify the market when their holding reaches 5% even if it is held across multiple nominee accounts or banks. Then every 1% accumulated or sold needs to be notified as well. If a company was planning a takeover and accumulated 5% or more they still only have 2 business days before they have to notify the market.
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Last
21.5¢ |
Change
0.010(4.88%) |
Mkt cap ! $595.3M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.8¢ | 20.5¢ | $5.068M | 23.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 2888896 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 365912 | 2 |
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| Last trade - 11.43am 27/09/2024 (20 minute delay) ? |
| LRS (ASX) Chart |